Hampshire Service Centre Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07562311 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Hampshire Service Centre Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr P Bristow

SECRETARY:

REGISTERED OFFICE:

Cortlandt

George Street

Hailsham

East Sussex

BN27 1AE

REGISTERED NUMBER:

07562311 (England and Wales)

ACCOUNTANTS:

DKP Accountants Sussex Limited

Cortlandt

George Street

Hailsham

East Sussex

BN27 1AE

FIXED ASSETS

Tangible assets

2

8,291

13,599

CURRENT ASSETS

Stocks

6,500

7,500

Debtors

11,106

-

Cash at bank

82

13,153

17,688

20,653

CREDITORS

Amounts falling due within one year

25,970

32,326

NET CURRENT LIABILITIES

(8,282

)

(11,673

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9

1,926

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

7

1,924

SHAREHOLDERS' FUNDS

9

1,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 2 September 2015 and were signed by:

Mr P Bristow - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

31,433

Additions

1,062

At 31 March 2015

32,495

DEPRECIATION

At 1 April 2014

17,834

Charge for year

6,370

At 31 March 2015

24,204

NET BOOK VALUE

At 31 March 2015

8,291

At 31 March 2014

13,599

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

2

Ordinary

1

2

2